Disclaimer & Copyright

1. ApplicabilityThese terms and conditions (the “Disclaimer”) apply to each access and use of (part of) the web site and any information contained therein (the “Web site”) of Global Forward B.V. (GlobalForward). By continuing to access and use this Web site, you acknowledge that you have read, understood and agree to be bound by the Disclaimer.

2. Access and use GlobalForward hereby grants to you a revocable, non-exclusive, non-transferable right to access and use the Web site for obtaining information on GlobalForward and its products and services pursuant to the terms and conditions of this Disclaimer. The Web site is protected by intellectual property rights residing and remaining with GlobalForward or third parties which have supplied the relevant information. You may not make public or copy the Web site in any manner or form, except insofar such making public or copying is necessary for the access or use of the Web site. You may not deeplink or frame the Web site. You may not alter or cause damage the Web site nor cause damage to other users of the Web site. GlobalForward may change, suspend, terminate or discontinue the Web site without notice, reason or liability. 3. Information requirementsGlobal Forward B.V. Laan van Diepenvoorde 4 5582 LA Waalre The Netherlands

4. Restrictions Any information on this Web site with respect to a particular product or service is directed exclusively and shall be strictly limited to the persons resident in the jurisdictions in which GlobalForward has a domicile, as evidenced by the addresses of GlobalForward on this Web site. You may not access or use any information which is not directed to you. Also, you may not access or use any information of which you know or reasonably could have known that the provision of such information is prohibited for any reason pursuant to applicable law, even if such information is directed to you in the manner set out above.

5. No offer, no adviceThis Web site provides general information about the products and services of GlobalForward and does not constitute a solicitation, offer or recommendation to buy, sell or dispose of any investment, to engage in any transaction or to provide any investment advice, nor does it constitute legal, financial, tax or accounting advice.

6. No warranty and exclusion of liability Based on the fundamental universal condition of the electronic communication process, GlobalForward does not guarantee or warrant that the website will be interrupted, without delay, error-free, omission-free, or free of viruses. All information on the Web site and on web sites to which the Web site links or refers is provided “as is” exclusive of any warranty whatsoever whether express, statutory or implied (including any warranties of merchantability, satisfactory quality, fitness for a particular purpose, originality, accuracy, completeness and non infringement). All such warranties are expressly excluded to the fullest extent permitted by applicable law.

Your access and use of this Web site is for your own account and risk. Neither GlobalForward nor any third party which has supplied information for or is otherwise involved with this Web site, is liable for any costs incurred and/or damages suffered (including direct, indirect, consequential, special and punitive damages) by you directly or indirectly as a result of your access and use of the Web site, or any inability to or delay in access and use of the Web site.

7. Governing law and jurisdiction This Disclaimer is governed by and shall be construed in accordance with the laws of the Netherlands. Any disputes shall be submitted to the exclusive jurisdiction of the competent court in Den Bosch.